1825 E Hoffer St | Kokomo, IN 46902
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1825 E Hoffer St
Kokomo, IN 46902
Rally's Ground Lease · Retail Property For Sale
Investment Highlights
- New 15-Year Lease Extension, 7.5% Rental Increases Every Five Years
- 18-Year Operating History at this Location, Proven Concept in the Trade Area
- Serving a Large Trade Area of Over 100,000 Residents, 57 Miles North of Downtown Indianapolis
- Absolute NNN Ground Lease with No Landlord Responsibilities
- Strong Corporate Guaranty with 847+ Locations, Projected to Open 60 Locations in 2022
- Adjacent to Chrysler's 3.1 Million SF Transmission Plant with 4,031 Employees, Chrysler Recently Invested $400 Million to Transform Plant
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,001 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.55 AC
Zoning
C
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 34-10-06-476-019.000-002 | Improvements Assessment | $274,700 |
| Land Assessment | $646,000 | Total Assessment | $920,700 |
Property Taxes
Parcel Number
34-10-06-476-019.000-002
Land Assessment
$646,000
Improvements Assessment
$274,700
Total Assessment
$920,700
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